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In the second part of AMBCrypto Exclusive, Mati Greenspan, eToro Senior Market Analyst answered some questions about the status of XRP and its progress on the market front. He also discussed the possibility of Litecoin [LTC] return to the market if the ecosystem continues to progress and make significant developments.
When asked about XRP and if it is safe to invest, he stated that XRP is still considered as a high-risk asset. According to him, there are several factors that hinder mass adoption. He also revealed that Ripple published a report stating that the project has only a 25% chance of long-term success. He also explained:
"So we have to take that into account, so yes, if it ends up becoming the standard for global payments, then certainly, it's going to increase in value, even in a very short time, but when you're thinking about an overall portfolio, you do not want to risk too much of your capital which is only a 25% chance of coming to pass. "
Regarding Litecoin, Greenspan conducted a comparative analysis in which he discovered that money is currently undervalued in the cryptocurrency market, considering the volume and the use of daily transactions. He claimed that Litecoin actually has a lot of adoption, strong community, network value and transaction volumes, something that many other more recent cryptocurrencies do not have.
When asked about his favorite altcoin and his recent Twitter survey, he said he was bullish on the best coins, like Bitcoin [BTC], XRP, Ethereum [ETH], Dash [DASH] and EOS. In addition, the market analyst suggested:
"I'm mostly bullish on many of the best: Bitcoin, XRP, Ethereum, EOS, Dash. So these are the ones I strongly believe in. Now, of course, we have to be diversified, but when you have the high risk side of your business portfolio, you can diversify further. "
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